China exports more grain in Oct., Nov. 2008

BEIJING, Jan. 5 (Chinese media) -- China posted a substantial growth in grain

exports in October and November 2008, after its soybean won more biddings in the

Republic of Korea (ROK), the General Administration of Customs said on Monday.

In October, China exported 228,000 tonnes of grain (

cereal powder, beans and tuber crops), up 32.7 percent from the previous month,

and 270,000 tonnes in November, up 18.6 percent month-on-month.

In November, soybean exports soared 78.6 percent year-on-year to 45,000

tonnes.

The top three target markets of China's grain were ROK, ASEAN (Association

of South East Asian Nations) members and Japan, which bought 38 percent of

China's total grain exports.